Sovra, a self-custodial fintech platform, has successfully raised $2 million in a pre-seed funding round led by Pharsalus Capital. The platform offers a self-custodial USD account based on USDC, targeting users in the Middle East and North Africa. Sovra enables users to manage digital dollars independently, allowing them to hold, send, spend, and earn yield without the need for traditional banks or custodians.
Sovra Secures $2 Million in Pre-seed Funding Led by Pharsalus Capital
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.